Onvia (ONVI) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 01, 2017
Document Information [Line Items]
Entity Registrant Name	ONVIA INC
Entity Central Index Key	1,100,917
Trading Symbol	onvi
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		7,300,897
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 796	$ 2,306
Short-term investments, available-for-sale	5,242	4,817
Accounts receivable, net of allowance for doubtful accounts of $47 and $34	1,551	1,543
Prepaid expenses and other current assets	1,018	1,035
Total current assets	8,607	9,701
LONG TERM ASSETS:
Property and equipment, net of accumulated depreciation	730	844
Internal use software, net of accumulated amortization	5,754	5,480
Long-term investments, available-for-sale	93
Other long-term assets	238	263
Total long term assets	6,815	6,587
TOTAL ASSETS	15,422	16,288
CURRENT LIABILITIES:
Accounts payable	833	851
Accrued expenses	1,379	1,534
Unearned revenue, current portion	9,937	9,500
Other current liabilities	146	134
Total current liabilities	12,295	12,019
LONG TERM LIABILITIES:
Unearned revenue, net of current portion	33	41
Deferred rent, net of current portion	464	529
Other long-term liabilities	2	16
Total long term liabilities	499	586
TOTAL LIABILITIES	12,794	12,605
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock; $.0001 par value: 2,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock; $.0001 par value: 11,000,000 shares authorized; 8,890,197 and 8,730,152 shares issued; and 7,297,893 and 7,137,848 shares outstanding	1	1
Treasury stock, at cost: 1,592,304 and 1,592,304 shares	(5,446)	(5,446)
Additional paid in capital	354,968	354,448
Accumulated other comprehensive income/( loss)	(1)
Accumulated deficit	(346,894)	(345,320)
Total stockholders’ equity	2,628	3,683
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 15,422	$ 16,288

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts receivable, allowance for doubtful accounts	$ 47	$ 34
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	11,000,000	11,000,000
Common stock, shares issued (in shares)	8,890,197	8,730,152
Common stock, shares outstanding (in shares)	7,297,893	7,137,848
Treasury stock, shares (in shares)	1,592,304	1,592,304

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenue
Subscription	$ 5,941	$ 5,621	$ 11,851	$ 11,215
Content license	105	318	209	722
Management information reports	53	37	82	53
Other	39	44	91	92
Total revenue	6,138	6,020	12,233	12,082
Cost of revenue (exclusive of depreciation and amortization included below)	695	742	1,395	1,506
Gross margin	5,443	5,278	10,838	10,576
Operating expenses:
Sales and marketing	2,774	2,960	5,773	5,851
Technology and development	1,922	1,425	3,753	2,904
General and administrative	1,506	1,026	2,907	1,942
Total operating expenses	6,202	5,411	12,433	10,697
Loss from operations	(759)	(133)	(1,595)	(121)
Interest and other income, net	11	8	21	15
Net loss	(748)	(125)	(1,574)	(106)
Unrealized gain/(loss) on available-for-sale securities	(1)		(1)	3
Comprehensive loss	$ (749)	$ (125)	$ (1,575)	$ (103)
Basic net loss per common share (in dollars per share)	$ (0.10)	$ (0.02)	$ (0.22)	$ (0.01)
Diluted net loss per common share (in dollars per share)	$ (0.10)	$ (0.02)	$ (0.22)	$ (0.01)
Basic weighted average shares outstanding (in shares)	7,254	7,129	7,220	7,127
Diluted weighted average shares outstanding (in shares)	7,254	7,129	7,220	7,127

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,574)	$ (106)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	1,532	1,017
Stock-based compensation	328	104
Change in operating assets and liabilities:
Accounts receivable	(8)	24
Prepaid expenses and other assets	42	161
Accounts payable	27	138
Accrued expenses	(154)	(81)
Unearned revenue	430	776
Deferred rent	(55)	27
Net cash provided by operating activities	568	2,060
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment	(150)	(84)
Additions to internal use software	(1,601)	(875)
Purchases of investments	(4,029)	(2,851)
Sales of investments	499
Maturities of investments	3,011	3,071
Net cash used in investing activities	(2,270)	(739)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of stock	111
Proceeds from exercise of stock options and purchases under employee stock purchase plan	81	17
Net cash provided by financing activities	192	17
Net increase/(decrease) in cash and cash equivalents	(1,510)	1,338
Cash and cash equivalents, beginning of period	2,306	1,483
Cash and cash equivalents, end of period	796	2,821
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Property and equipment additions in accounts payable	(16)	(3)
Internal use software additions in accounts payable	$ (191)	$ (190)

Note 1 - Accounting Policies

Note 1 - Accounting Policies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	1. Accounting Policies Basis of Presentation In this report, when we refer to “Onvia,” the “Company” “we,” “our,” or “us,” we are referring to Onvia, Inc. The unaudited interim Condensed Consolidated Financial Statements and related notes thereto have been prepared pursuant to generally accepted accounting principles in the United States of America, (“GAAP”), and the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. The accompanying unaudited interim Condensed Consolidated Financial Statements and related notes thereto should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2016 ( “2016 The information furnished is unaudited, but reflects, in the opinion of management, all adjustments, consisting of only normal recurring items, necessary for a fair presentation of the results for the interim periods presented. Interim results are not Use of Estimates The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the fair value of stock-based compensation, allowance for doubtful accounts, capitalization of costs for internally developed software, recoverability of long-lived assets, including internally developed software, and the valuation allowance for Onvia’s net deferred tax assets. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable under the circumstances. Actual results may Recently Issued Accounting Pronouncements In May 2014, No 2014 09 2014 09” revenue from contracts with customers five 1 2 3 4 5 first 2018 first 2017. 2014 09, 2014 09, not In February 2016, 12 first 2019. may

Note 2 - Stock-based Compensati

Note 2 - Stock-based Compensation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	2. Stock-Based Compensation The impact to Onvia’s interim unaudited Condensed Consolidated Statements of Operations for recording stock-based compensation was as follows for the periods presented (in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Sales and marketing $ 13 $ 20 $ (1 ) $ 32 Technology and development 13 13 21 26 General and administrative 185 23 308 46 Total stock-based compensation $ 211 $ 56 $ 328 $ 104 The employment agreement with the current CEO and President includes nonqualified stock options to purchase 125,000 June 30, 2017, third 2017. $150,000 June 30, 2017.

Note 3 - Net Loss Per Share

Note 3 - Net Loss Per Share	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	3. Net Loss per Share Basic net loss per share is calculated by dividing the net loss for the period by the weighted average shares of common stock outstanding for the period. Diluted loss per share is calculated by dividing the net loss per share by the weighted average common stock outstanding for the period, plus dilutive potential common shares using the treasury stock method. In periods with a net loss, basic and diluted net loss per share are identical because inclusion of potentially dilutive common shares would be anti-dilutive. The following table sets forth the computation of basic and diluted net loss per share for the three six June 30, 2017 2016 Three Months June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net loss $ (748 ) $ (125 ) $ (1,574 ) $ (106 ) Shares used to compute basic net loss per share 7,254 7,129 7,220 7,127 Dilutive potential common shares: Stock options - - - - Shares used to compute diluted net income/(loss) per share 7,254 7,129 7,220 7,127 Basic net loss per share $ (0.10 ) $ (0.02 ) $ (0.22 ) $ (0.01 ) Diluted net loss per share $ (0.10 ) $ (0.02 ) $ (0.22 ) $ (0.01 ) For the three six June 30, 2017, 1,014,166 1,000,182 For the three six June 30, 2016, 877,000 854,000

Note 4 - Investments

Note 4 - Investments	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	4. Investments Onvia classifies investments in debt securities as available-for-sale, stated at fair value as summarized in the following table (in thousands): June 30, 2017 Amortized Gross Gross Fair Value Short-Term Investments U.S. Government backed securities $ 579 $ - $ (1 ) $ 578 Certificates of Deposit (1) 4,664 - - 4,664 Total Short-Term Investments 5,243 - (1 ) 5,242 Long-Term Investments Certificates of Deposit (1) $ 93 $ - $ - $ 93 Total Long-Term Investments 93 - - 93 Total Investments $ 5,336 $ - $ (1 ) $ 5,335 December 31, 2016 Amortized Gross Gross Fair Value U.S. Government backed securities $ 110 $ - $ - $ 110 Certificates of Deposit (1) 4,707 - - 4,707 Total Investments $ 4,817 $ - $ - $ 4,817 ( 1 June 30, 2017 December 31, 2016 . Onvia accounts for investments held as available for sale according to their fair values, which is defined as the exchange price that would be received for an asset, or paid to transfer a liability (an exit price), in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company utilizes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The following are the three may Level 1 Level 2 1 not Level 3 no Onvia uses the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The following table summarizes, by major security type, investments classified as available-for-sale at June 30, 2017 December 31, 2016, Fair Value Measurements as of June 30, 2017 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 578 $ - $ 578 Certificates of Deposit - 4,757 - 4,757 Total Investments $ - $ 5,335 $ - $ 5,335 Fair Value Measurements as of December 31, 2016 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 110 $ - $ 110 Certificates of Deposit - 4,707 - 4,707 Total Investments $ - $ 4,817 $ - $ 4,817 There were no 2 first six 2017 fourth 2016, no 1 3

Note 5 - Prepaid Expenses and O

Note 5 - Prepaid Expenses and Other Current Assets	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Other Current Assets [Text Block]	5. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following (in thousands): June 30, December 31, Prepaid software licenses and maintenance $ 479 $ 630 Prepaid insurance 207 133 Other prepaid expenses 131 107 Other receivables 114 78 Prepaid rent 76 76 Interest receivable 11 11 Total prepaid expenses and other current assets $ 1,018 $ 1,035

Note 6 - Property and Equipment

Note 6 - Property and Equipment	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. Property and Equipment Property and equipment, net of accumulated depreciation, consist of the following (in thousands): June 30, December 31, Computer equipment $ 3,856 $ 3,822 Software 1,810 1,805 Furniture and fixtures 119 119 Leasehold improvements 815 815 Total cost basis 6,600 6,561 Less accumulated depreciation (5,870 ) (5,717 ) Net book value $ 730 $ 844 Depreciation expense was $115,000 $230,000 three six June 30, 2017, $134,000 $276,000, 2016.

Note 7 - Internal Use Software

Note 7 - Internal Use Software	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Internal Use Software Disclosure [Text Block]	7. Internal Use Software Onvia capitalizes qualifying computer software costs incurred during the “application development stage” and other costs. Amortization of these costs begins once the product is ready for its intended use. These costs are amortized on a straight-line basis over the estimated useful life of the product, typically 3 5 Onvia periodically evaluates the remaining useful lives and carrying values of internal use software. If management determines that all or a portion of the asset will no No six June 30, 2017 December 31, 2016. During 2016 $962,000 second 2017, $150,000 third 2017, $150,000 The following table presents a roll-forward of capitalized internal use software for the six June 30, 2017 ( Balance at Additions Balance at Capitalized internal use software $ 21,213 $ 1,576 $ 22,789 Accumulated amortization (15,733 ) (1,302 ) (17,035 ) Internal use software, net $ 5,480 $ 274 $ 5,754 Amortization expense was $648,000 $1.3 three six June 30, 2017, $382,000 $741,000, 2016.

Note 8 - Accrued Expenses and O

Note 8 - Accrued Expenses and Other Current Liabilities	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	8. Accrued Expenses and Other Current Liabilities Accrued expenses consist of the following (in thousands): June 30, December 31, Payroll and related liabilities $ 1,316 $ 1,430 Taxes payable and other 63 104 Total accrued expenses $ 1,379 $ 1,534 Other current liabilities consist of the following (in thousands): June 30, December 31, Deferred rent, current portion $ 118 $ 107 Obligations under capital leases, current portion 28 27 Total other current liabilities $ 146 $ 134

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. Commitments and Contingencies Operating Leases Onvia has a lease agreement for its corporate offices located in Seattle, Washington that expires in April 2021. June 2019. The office lease contains rent escalation clauses and rent holidays. Rent expense is recorded on a straight-line basis over the lease term with the difference between the rent paid and the straight-line rent expense recorded as a deferred rent liability. Total rent expense associated with real estate operating leases was $197,000 $193,000 three June 30, 2017 2016, As of June 30, 2017, December 31 ( Real Estate Office Equipment Total 2017 $ 437 $ 9 $ 446 2018 896 20 916 2019 918 10 928 2020 940 - 940 2021 320 - 320 Total $ 3,511 $ 39 $ 3,550 Purchase Obligations Onvia has non-cancellable purchase obligations for software development and license agreements, co-location hosting arrangements, telecom agreements, marketing agreements and third June 2018 2019. December 31 ( Purchase 2017 $ 237 2018 364 Total $ 601 Transition Agreement for Former CEO On March 28, 2016, January 30, 2017 ( Under the terms of the Transition Agreement, Mr. Riner continued to serve as the Company’s President and Chief Executive Officer on a full-time basis through the Transition Date and (i) received his full annual base salary through June 30, 2017; ( September 30, 2017; 2016 50% 2016 150 12 In exchange for Mr. Riner’s entry into the Transition Agreement, his covenants and promises described therein, and his entry into an additional Release of Claims Agreement on his last of date of employment with the Company, the Company paid Mr. Riner a lump sum cash payment of $362,000 July 8, 2017. Costs related to the Transition Agreement are being accrued over the requisite service period and the expense is included in operating expenses in the interim unaudited Condensed Consolidated Statements of Operations. Legal Proceedings From time to time, legal proceedings may not

Note 10 - Income Taxes

Note 10 - Income Taxes	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10. Income Taxes As of June 30, 2017 December 31, 2016, not not may may not. Pursuant to Section 382 1986, 50 three As of June 30, 2017 December 31, 2016, $77.5 382 not 2021. 2035.

Note 11 - Security Deposits

Note 11 - Security Deposits	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Lease Security Deposit [Text Block]	11. Security Deposits Pursuant to Onvia’s lease for its current corporate office space, Onvia has established a stand by letter of credit as security to the lease in the amount of $150,000. April 2021, June 30, 2017, $150,000

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation In this report, when we refer to “Onvia,” the “Company” “we,” “our,” or “us,” we are referring to Onvia, Inc. The unaudited interim Condensed Consolidated Financial Statements and related notes thereto have been prepared pursuant to generally accepted accounting principles in the United States of America, (“GAAP”), and the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and note disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. The accompanying unaudited interim Condensed Consolidated Financial Statements and related notes thereto should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2016 ( “2016 The information furnished is unaudited, but reflects, in the opinion of management, all adjustments, consisting of only normal recurring items, necessary for a fair presentation of the results for the interim periods presented. Interim results are not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the fair value of stock-based compensation, allowance for doubtful accounts, capitalization of costs for internally developed software, recoverability of long-lived assets, including internally developed software, and the valuation allowance for Onvia’s net deferred tax assets. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable under the circumstances. Actual results may
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In May 2014, No 2014 09 2014 09” revenue from contracts with customers five 1 2 3 4 5 first 2018 first 2017. 2014 09, 2014 09, not In February 2016, 12 first 2019. may

Note 2 - Stock-based Compensa18

Note 2 - Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three Months Ended Six Months Ended 2017 2016 2017 2016 Sales and marketing $ 13 $ 20 $ (1 ) $ 32 Technology and development 13 13 21 26 General and administrative 185 23 308 46 Total stock-based compensation $ 211 $ 56 $ 328 $ 104

Note 3 - Net Loss Per Share (Ta

Note 3 - Net Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Weighted Average Number of Shares [Table Text Block]	Three Months June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net loss $ (748 ) $ (125 ) $ (1,574 ) $ (106 ) Shares used to compute basic net loss per share 7,254 7,129 7,220 7,127 Dilutive potential common shares: Stock options - - - - Shares used to compute diluted net income/(loss) per share 7,254 7,129 7,220 7,127 Basic net loss per share $ (0.10 ) $ (0.02 ) $ (0.22 ) $ (0.01 ) Diluted net loss per share $ (0.10 ) $ (0.02 ) $ (0.22 ) $ (0.01 )

Note 4 - Investments (Tables)

Note 4 - Investments (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	June 30, 2017 Amortized Gross Gross Fair Value Short-Term Investments U.S. Government backed securities $ 579 $ - $ (1 ) $ 578 Certificates of Deposit (1) 4,664 - - 4,664 Total Short-Term Investments 5,243 - (1 ) 5,242 Long-Term Investments Certificates of Deposit (1) $ 93 $ - $ - $ 93 Total Long-Term Investments 93 - - 93 Total Investments $ 5,336 $ - $ (1 ) $ 5,335 December 31, 2016 Amortized Gross Gross Fair Value U.S. Government backed securities $ 110 $ - $ - $ 110 Certificates of Deposit (1) 4,707 - - 4,707 Total Investments $ 4,817 $ - $ - $ 4,817
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements as of June 30, 2017 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 578 $ - $ 578 Certificates of Deposit - 4,757 - 4,757 Total Investments $ - $ 5,335 $ - $ 5,335 Fair Value Measurements as of December 31, 2016 Level 1 Level 2 Level 3 Total U.S. Government backed securities $ - $ 110 $ - $ 110 Certificates of Deposit - 4,707 - 4,707 Total Investments $ - $ 4,817 $ - $ 4,817

Note 5 - Prepaid Expenses and21

Note 5 - Prepaid Expenses and Other Current Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	June 30, December 31, Prepaid software licenses and maintenance $ 479 $ 630 Prepaid insurance 207 133 Other prepaid expenses 131 107 Other receivables 114 78 Prepaid rent 76 76 Interest receivable 11 11 Total prepaid expenses and other current assets $ 1,018 $ 1,035

Note 6 - Property and Equipme22

Note 6 - Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, December 31, Computer equipment $ 3,856 $ 3,822 Software 1,810 1,805 Furniture and fixtures 119 119 Leasehold improvements 815 815 Total cost basis 6,600 6,561 Less accumulated depreciation (5,870 ) (5,717 ) Net book value $ 730 $ 844

Note 7 - Internal Use Software

Note 7 - Internal Use Software (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Capitalized Internal Use Software Roll Forward [Table Text Block]	Balance at Additions Balance at Capitalized internal use software $ 21,213 $ 1,576 $ 22,789 Accumulated amortization (15,733 ) (1,302 ) (17,035 ) Internal use software, net $ 5,480 $ 274 $ 5,754

Note 8 - Accrued Expenses and24

Note 8 - Accrued Expenses and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	June 30, December 31, Payroll and related liabilities $ 1,316 $ 1,430 Taxes payable and other 63 104 Total accrued expenses $ 1,379 $ 1,534
Schedule of Other Assets and Other Liabilities [Table Text Block]	June 30, December 31, Deferred rent, current portion $ 118 $ 107 Obligations under capital leases, current portion 28 27 Total other current liabilities $ 146 $ 134

Note 9 - Commitments and Cont25

Note 9 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Real Estate Office Equipment Total 2017 $ 437 $ 9 $ 446 2018 896 20 916 2019 918 10 928 2020 940 - 940 2021 320 - 320 Total $ 3,511 $ 39 $ 3,550
Long-term Purchase Commitment [Table Text Block]	Purchase 2017 $ 237 2018 364 Total $ 601

Note 2 - Stock-based Compensa26

Note 2 - Stock-based Compensation (Details Textual) - Chief Executive Officer [Member] - Nonqualified Stock Option [Member] - Based on Performance Criteria [Member] - USD ($)	Jan. 30, 2017	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	125,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Fair Value		$ 150,000

Note 2 - Stock-based Compensa27

Note 2 - Stock-based Compensation - Impact on Results of Operations for Recording Stock-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Stock-based compensation	$ 211	$ 56	$ 328	$ 104
Selling and Marketing Expense [Member]
Stock-based compensation	13	20	(1)	32
Technology and Development [Member]
Stock-based compensation	13	13	21	26
General and Administrative Expense [Member]
Stock-based compensation	$ 185	$ 23	$ 308	$ 46

Note 3 - Net Loss Per Share (De

Note 3 - Net Loss Per Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,014,166	877,000	1,000,182	854,000

Note 3 - Net Loss Per Share - B

Note 3 - Net Loss Per Share - Basic and Diluted Net Loss Per Share Calculation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net loss	$ (748)	$ (125)	$ (1,574)	$ (106)
Shares used to compute basic net loss per share (in shares)	7,254	7,129	7,220	7,127
Stock options (in shares)
Shares used to compute diluted net income/(loss) per share (in shares)	7,254	7,129	7,220	7,127
Basic net loss per share (in dollars per share)	$ (0.10)	$ (0.02)	$ (0.22)	$ (0.01)
Diluted net loss per share (in dollars per share)	$ (0.10)	$ (0.02)	$ (0.22)	$ (0.01)

Note 4 - Investments - Availabl

Note 4 - Investments - Available-for-sale Debt Securities, Stated at Fair Value (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Amortized Cost		$ 5,336	$ 4,817
Gross Unrealized Gains
Gross Unrealized Losses		(1)
Fair Value		5,335	4,817
Short-term Investments [Member]
Amortized Cost		5,243
Gross Unrealized Gains
Gross Unrealized Losses		(1)
Fair Value		5,242
Short-term Investments [Member] | US Government Agencies Debt Securities [Member]
Amortized Cost		579	110
Gross Unrealized Gains
Gross Unrealized Losses		(1)
Fair Value		578	110
Short-term Investments [Member] | Certificate of Deposit [Member]
Amortized Cost	[1]	4,664	4,707
Gross Unrealized Gains	[1]
Gross Unrealized Losses	[1]
Fair Value	[1]	4,664	$ 4,707
Long-term Investments [Member]
Amortized Cost		93
Gross Unrealized Gains
Gross Unrealized Losses
Fair Value		93
Long-term Investments [Member] | Certificate of Deposit [Member]
Amortized Cost	[1]	93
Gross Unrealized Gains	[1]
Gross Unrealized Losses	[1]
Fair Value	[1]	$ 93
[1]	The Company evaluated certificates of deposits held as of June 30, 2017 and December 31, 2016 and concluded that they meet the definition of securities as available for sale.

Note 4 - Investments - Availa31

Note 4 - Investments - Available-for-sale Debt Securities, Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Available-for-sale securities	$ 5,335	$ 4,817
US Government Agencies Debt Securities [Member]
Available-for-sale securities	578	110
Certificate of Deposit [Member]
Available-for-sale securities	4,757	4,707
Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities
Fair Value, Inputs, Level 1 [Member] | Certificate of Deposit [Member]
Available-for-sale securities
Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	5,335	4,817
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities	578	110
Fair Value, Inputs, Level 2 [Member] | Certificate of Deposit [Member]
Available-for-sale securities	4,757	4,707
Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities
Fair Value, Inputs, Level 3 [Member] | Certificate of Deposit [Member]
Available-for-sale securities

Note 5 - Prepaid Expenses and32

Note 5 - Prepaid Expenses and Other Current Assets - Summary of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Prepaid software licenses and maintenance	$ 479	$ 630
Prepaid insurance	207	133
Other prepaid expenses	131	107
Other receivables	114	78
Prepaid rent	76	76
Interest receivable	11	11
Total prepaid expenses and other current assets	$ 1,018	$ 1,035

Note 6 - Property and Equipme33

Note 6 - Property and Equipment (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Operating Expense [Member]
Depreciation	$ 115,000	$ 134,000	$ 230,000	$ 276,000

Note 6 - Property and Equipme34

Note 6 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Property and equipment, gross	$ 6,600	$ 6,561
Less accumulated depreciation	(5,870)	(5,717)
Property and equipment, net	730	844
Computer Equipment [Member]
Property and equipment, gross	3,856	3,822
Software and Software Development Costs [Member]
Property and equipment, gross	1,810	1,805
Furniture and Fixtures [Member]
Property and equipment, gross	119	119
Leasehold Improvements [Member]
Property and equipment, gross	$ 815	$ 815

Note 7 - Internal Use Softwar35

Note 7 - Internal Use Software (Details Textual) - USD ($)	3 Months Ended			6 Months Ended		12 Months Ended
	Sep. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Finite-lived Computer Software, Net, Subject to Reduced Estimated Remaining Useful Life						$ 962,000
Computer Software, Intangible Asset [Member]
Additional Amortization from Reduction in Estimated Remaining Useful Life		$ 150,000
Impairment of Intangible Assets, Finite-lived				$ 0		$ 0
Computer Software, Intangible Asset [Member] | Operating Expense [Member]
Amortization of Intangible Assets		$ 648,000	$ 382,000	$ 1,300,000	$ 741,000
Computer Software, Intangible Asset [Member] | Scenario, Forecast [Member]
Additional Amortization from Reduction in Estimated Remaining Useful Life	$ 150,000
Minimum [Member]
Capitalized Internal Use Software, Useful Life				3 years
Maximum [Member]
Capitalized Internal Use Software, Useful Life				5 years

Note 7 - Internal Use Softwar36

Note 7 - Internal Use Software - Roll-forward of Capitalized Internal Use Software (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Beginning balance, Capitalized internal use software	$ 22,789	$ 21,213
Additions, Capitalized internal use software		1,576
Ending balance, Capitalized internal use software		22,789
Beginning balance, Accumulated amortization	(15,733)
Additions, Accumulated amortization	(1,302)
Ending balance, Accumulated amortization	(17,035)	(15,733)
Beginning balance, Internal use software, net	5,480
Additions, Internal use software, net	274
Ending balance, Internal use software, net	$ 5,754	$ 5,480

Note 8 - Accrued Expenses and37

Note 8 - Accrued Expenses and Other Current Liabilities - Summary of Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Payroll and related liabilities	$ 1,316	$ 1,430
Taxes payable and other	63	104
Total accrued expenses	$ 1,379	$ 1,534

Note 8 - Accrued Expenses and38

Note 8 - Accrued Expenses and Other Current Liabilities - Summary of Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Deferred rent, current portion	$ 118	$ 107
Obligations under capital leases, current portion	28	27
Total other current liabilities	$ 146	$ 134

Note 9 - Commitments and Cont39

Note 9 - Commitments and Contingencies (Details Textual)	Mar. 28, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Operating Leases, Rent Expense		$ 197,000	$ 193,000
Mr. Riner [Member]
Compensation Arrangement With Individual, Percent of Base Salary Earned if Performance Targets are Met	50.00%
Maximum Amount of Unused Paid Time Off Hours Usable as Compensation	150
Duration of Period Where Individual Will be Available to Company as a Consultant	1 year
Former Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Cash Award Granted, Amount	$ 362,000

Note 9 - Commitments and Cont40

Note 9 - Commitments and Contingencies - Remaining Future Minimum Operating Lease Payments (Details) $ in Thousands	Jun. 30, 2017USD ($)
2,017	$ 446
2,018	916
2,019	928
2,020	940
2,021	320
Total	3,550
Real Estate Operating Leases [Member]
2,017	437
2,018	896
2,019	918
2,020	940
2,021	320
Total	3,511
Office Equipment Operating Lease [Member]
2,017	9
2,018	20
2,019	10
2,020
2,021
Total	$ 39

Note 9 - Commitments and Cont41

Note 9 - Commitments and Contingencies - Non-cancellable Purchase Obligations for Software Development and License Agreements (Details) $ in Thousands	Jun. 30, 2017USD ($)
2,017	$ 237
2,018	364
Total	$ 601

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	$ 77.5	$ 77.5

Note 11 - Security Deposits (De

Note 11 - Security Deposits (Details Textual)	Jun. 30, 2017USD ($)
Other Noncurrent Assets [Member]
Security Deposit	$ 150,000
Secured by Standby Letter of Credit [Member]
Letters of Credit Outstanding, Amount	$ 150,000